AddressABOUT US
We’re one of Canada’s largest pension investment managers, with CAD$230.5 billion of net assets as at March 31, 2022.
We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.
Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
EXPERIENCE THE EDGE
At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an
inclusive work environment
where diversity is embraced.ABOUT THE TEAM
The Investment Administration team manages trade settlement, reconciliation, cash management, collateral, securities lending, and market events. They cover a broad area of activity, which allows them to cultivate extensive experience in public market operations. Our young, innovative team seeks to contribute to PSP’s investment success by engaging with various internal and external partners and upholding PSP values among team members.
ABOUT YOUR ROLE
As an Intern, Investment Administration, you’ll provide assistance in daily activities of the team:
Daily cash margin reconciliation between the accounting system and the clearing brokers- Reconcile the transactions between the accounting system and the clearing brokers as well as external managers
- Enter and verify transactions in the systems
- Confirm the transactions and payments with brokers / counterparties
- Solve all transactions settlement problems
- Provide operational support to the team during holiday periods
- Assist in other various tasks, as required
WHAT YOU’LL NEED
- Enrolled in a Bachelor of business administration (Finance or any related field)
- Academic knowledge of public market products (Fixed income, equities, money market, FX’s, derivative products)
- Good level of proficiency with MS Office suite
- Ability to navigate a fast-paced environment with a high level of autonomy
- Demonstrated initiative and curiosity to look beyond surface facts and conduct comprehensive, fact-based, value-added research
- Attention to detail and rigorous approach to research, analysis and documentation
- Ability to work collaboratively, cultivating meaningful relationships with colleagues and clients
- Bilingualism required (fluency in French and English)
- Knowledge of Bloomberg, an asset
- Must return to studies after the internship or the internship must be part of your curriculum
At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.
This position is located at our Montreal offices.
Length of internship: May – August 2023
To apply, please upload your resume, cover letter and most recent unofficial transcript
Deadline to apply: January 22, 2023
Visit us on
LinkedIn
.www.investpsp.com
Vaccination: We are committed to a healthy and safe work environment. As a Canadian Crown Corporation with offices around the world, we adhere to Canadian and local government guidelines regarding COVID-19. Vaccination is not currently a mandatory employment criteria. However, this is subject to change, depending on Canadian and local government guidelines.
